New Squares, Penrith - Picture 2025-02-07-11-54-21

New Squares, Penrith - Picture 2025-02-07-11-54-35

New Squares, Penrith - Picture 2025-02-07-11-54-55

New Squares, Penrith - Picture 2025-02-07-11-55-12

To Let

Featured

New Squares

Southend Road, Penrith, CA11 7FG

Use Class

Size

1,128 - 1,966sq ft

Market Sector

Shopping Centre

Key Features

Prominent location in New Squares Development
National Occupiers
Planning Use Class E
Size – 1,128 – 1,966 sq ft

Exciting Opportunities in Mixed-Use Scheme

Penrith is a market town with a wide rural catchment and a population of 136,537 people within a 30 minute drive time. The New Squares development is comprised of 21 retail units, residential dwellings and a 60 bed hotel. The scheme is anchored by a 55,000 sq ft Sainsburys Food Store, this benefits from a multi-storey car park which offers 3 hours free parking. Current tenants include O2, Sports Direct, Boots, Loungers Café Bar and Sainsbury’s.

Key Information

Lease Type

New Lease

Lease Term

Available by way of a new sublease lease which is to be contracted outside of the security provisions of the Landlord and Tenant Act 1954.

Accommodation

1,128 - 1,966 Sq.Ft/104 - 182 m²

There are 5 remaining units within the New Squares development with the approximate internal floor areas:-

Areas	Sq.Ft	m²
J1	1,348	125.23
J4	1,128	104.79
K1	1,491	138.52
L1	1,868	173.54
H1 Ground and First	3,595	333

Financial Details

Rent

Please see brochure for individual rents

Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Service Charge

Each property is subject to a service charge which is reviewed on an annual basis: See brochure for individual service charge.

Downloads

Brochure

New Squares, Southend Road, Brochure

Further Information

Website

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.